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just curious can landlord do this, and if the landlord sold the condo unit, what tenant can do?
A landlord can sell the rental property while it's being rented. As far as the lease, if any, being broken from selling I don't think it can be but I'm not certain about that. I have never heard of a condo being sold while it was being rented.
I believe laws are different from state to state/province to province/territory to territory.
To answer your first question: yes, the landlord may sell his property at any time for any reason.
For the second question, there are two scenerios which can happen (again depending on what state/province/territory you live in):
In each case, the landlord must give notice to the tenants of they're decision to sell the property they are occupying.
Scenerio 1:
Once landlord gives notice, tenant has the right to break the lease and move out after notice is given.
Scenerio 2:
Once landlord gives notice, one of the conditions of the sale of the property must be that the new owner must accept all lease agreements in place at the time of the sale of the property. Once the lease terms are up, the new owner may decide on what they want to do (either renew lease, or tell the tenants to move out).
Some places allow scenerio 1 only, others only scenario 2, and then of course both scenerios may apply in some jurisdictions.
Try to search for your local landlord-tenant rights to confirm which scenerio (if any) apply.
Yes! My gf rented trailers & spaces yrs ago she put a clause in where to buyer of the land grandfathered those people in & the rent they were paying! She had so many offers Because there were tenants there she had no problems selling.
A property owner has the right to sell his property, however the sale may be "subject to existing leases". We advise the tenant that the owner has decided to sell, and t hat they will be given every courtesy relating to showings (what's a good time, what is a bad time, we'll give 48 hours notice, etc). They don't have the right to break their lease, though. Some owners might ask a tenant if they would leave, and make some offer, or reduce the rent to compensate them for their trouble.
Are current tenant and new owner of condo in Los Angeles allowed to have communication prior to escrow closing?
You're allowed to, but you don't have any rights as far as the sale happening, or who your new landlord will be. The lease must be respected by the new owner. If they want to get you out, they will have to buy you out, and you don't have to take the deal if you don't want to.
Can a tenant in Florida who gets housing assistance break her lease because we put it up for sale????
She can break her lease for whatever reason she wants...I just hope you have an early termination clause in your lease and you plan on holding her to it.
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